What will you do in terms of mediation if the buyer doesn't receive his item? Are you going to act as escrow? What other measures will you take to prevent abuse of your platform? With abuse, I mean people trying to scam.
What will you do in terms of mediation if the buyer doesn't receive his item? Are you going to act as escrow? What other measures will you take to prevent abuse of your platform? With abuse, I mean people trying to scam.
dStors will help mediate but ultimately, the resolution must rely on the buyer and seller. For new, non-established sellers, dStors will have a requirement of payment hold-backs for as long as three days prior to release of funds. This will add a layer of time buffer to aid in resolving fraudulent or mistaken transactions. For transactions conducted in Steem/Sbd will employ an escrow feature as well.
We will also integrate the global blacklise API to minimize spam and fraudulent users. dStors will also have a reputation score derived from buyer feedbacks. This should help guide many buyers as well.
Future options will allow buyers to prevent certain low rep scored buyers from bidding or buying in their stores and this could help reduce conflicts.